a. Jumeirah Lakes Towers
JLT is DMCC’s dynamic waterfront master development spread over 200 hectares, encompassing attractive residential and commercial towers alongside hotels, leisure and retail outlets. JLT offers both a living and working environment with freehold and leasing options, and is home to over 55,000 residents and more than 6,300 companies.
Within the development and situated alongside the beautifully landscaped promenade are four winding, man-made lakes, stretching across approximately 179,000 square metres, where residents and the working community can enjoy an extensive array of outdoor cafes, restaurants and parks.
Situated in the ‘heart of New Dubai’, JLT’s prime location in close proximity to Sheikh Zayed Road, the main arterial between Dubai and Abu Dhabi, Al Maktoum International Airport, the Dubai Logistics Corridor, and between two operational metro stations, makes it the ideal address to live, work and play.
Upon completion, JLT will have an estimated resident population of around 80,000 and a working population of 120,000; and will include five children’s playgrounds and a mosque. At the end of April 2011, the community consisted of 62 completed towers, with seven towers in the final stages of construction and scheduled for completion during 2011.
b. The JLT advantage
- Close proximity to growing markets and developments in “New Dubai” makes JLT one of the most sought after mixed-use communities to live, work and play.
- With the growing demand for high quality property in Dubai, this expansive development offers residents and business a range of premium apartments and office space with easy access to the city.
Other advantages of being located in the JLT Free zone include:
- Central geographic location connecting the different Emirates via a network of roads and highways as well as public transport, including two metro stations
- Proximity to logistic and transport hubs such as the Jebel Ali Free Zone and port, Al Maktoum International Airport and Dubai Investment Park
- Quality commercial and residential properties with the option to buy or lease
- A growing community that benefits from a host of retail outlets including Emirates NBD, Carrefour, Spinney’s, Park N Shop, Subway and Cafe Nero.
- Serviced by two luxury hotels, the Bonnington and Oaks Liwa Heights, with two additional hotels operated by Movenpick and Pullman due to open by the end of 2011
- Access to the Almas Conference Centre, a state of the art conference facility situated in the Almas Tower, DMCC’s flagship tower, which caters to the specific needs of the commodity industry as well as the business community[T1]
- Land plots of varying sizes for private development
Commercial – Business
Sudhakar Tomar, MD – Hakan Agro DMCC
“We decided to locate our regional head office in the DMCC’s Almas Tower not only for its prestigious business address at the centre of JLT, but also because of JLT’s excellent positioning in Dubai, well connected by road and metro.”
Commercial – Retail
Emirates NBD
” Almas Tower was an obvious location for us as it is at the very heart of JLT, a place where we can best serve the retail banking needs of DMCC’s clients and the wider community.”
Residential
Mohamed Kamel Metwally, Chairman – Al Seef Owners Association
“I lived in Manhattan, New York, for a long time and I really loved the place. When I moved to Dubai in 2004 I was always on the lookout for somewhere that reminded me of Manhattan and the JLT’s master plan was perfect. I enjoy the apartment lifestyle and the many options for entertaining guests in the JLT area.”
c. Types of properties
JLT has a wide choice of both commercial and residential property that is available to lease or buy freehold. There is a choice of shell and core for companies that want to design their own space, fitted out offices, short term services offices, and in some cases, virtual offices.
Property prices in JLT are some of the most competitive in the market and many companies have taken advantage of being able to buy freehold property in a free zone which is a benefit not offered by many.
JLT offers the following types of properties:
- Office space
- Residential
- Retail
- Workshops
- Staff accommodation
- Warehouse and Storage solutions
- Land for development
Dedicated Sales & Leasing Executives are available for assistance with all sale and lease requirements.
For further information, please contact +971 (0)4 364 4153 or visit http://property.dmcc.ae/
DMCC, the first free zone authority in the UAE to offer freehold business premises in addition to all other standard free zone services, has developed three purpose-built towers equipped with industry-specific infrastructure to cater for commodity-specific needs.
- Almas Tower
The iconic Almas Tower (Almas meaning ‘diamond’ in Arabic) is the tallest commercial tower in the Middle East and the 16th tallest commercial tower in the world. As the flagship tower of JLT, the 63-floor purpose-built tower caters to the specific needs of the precious gems industry. It houses DMCC’s headquarters, the Dubai Diamond Exchange and Dubai Pearl Exchange, in addition to gold and diamond vaults and Almas Conference Centre, a state of the art conference facility. - Au Tower
The 35 storey Au Tower (Au meaning ‘gold’), which is situated next to Almas Tower, was originally designed to facilitate the operations of gold and precious metals market participants. It offers office space on a freehold basis which is now available to all licensees.
Please click here to download the plan of a typical floor in Au Tower - Ag Tower
37 stories high, the Ag Tower (Ag meaning ‘silver’) was originally designed to cater to the precise needs of precious commodities industries and other JLT licensed companies. Adjacent to the Almas and Au towers, the Ag Tower forms the third component of the epicentre of the JLT commodity community. - Jewellery & Gemplex
Jewellery & Gemplex (J&G) is a purpose built complex for the fabrication of jewellery, coloured stones and precious metals. It comprises a cluster of three identical buildings of twelve floors, with a total built up area of 704,360 square feet. The complex consists of workshops, staff accommodation and common areas for catering and entertainment.
Floors ground to eight in the J&G offer mixed use spaces, while levels nine to 11 are dedicated to offices.
Please click here to download the plan of a typical office floor at J&G.
The Property Services Team assists those interested in buying or leasing properties by introducing them to the spaces available in DMCC developed buildings, as well as those owned by third parties in JLT. The team can also help unit sellers to find buyers.
Dedicated Sales & Leasing Executives are available for assistance with all sale and lease requirements.
For further information, please contact +971 (0)4 364 4153 or visit http://property.dmcc.ae/
Residential
JLT is a thriving community, with more retail outlets and leisure facilities opening each month and landscaping taking shape across the estate. As at the end of April 2011, more than 40,000 residents call JLT home and enjoy its unique community living.
The Properties Services Team can coordinate between residential unit owners and those interested in buying or leasing, facilitating the transaction.
Please click here to access the JLT Map which will help you identify Residential buildings, including mixed use Residential / Commercial buildings.
JLT has more than one million square feet of retail space facing the lake from a luscious, landscaped area. Retailers that lease or buy space are given full flexibility in the fit-out design, allowing every outlet to be unique to each business.
Almas, Au and Ag Towers form the centre of the JLT community, and provide some of the most exciting opportunities for retailers. Au and Ag Towers offer waterfront retail space which is available for Business-to-Business and Business-to-Consumer companies.
As of the end of April 2011, the following retailers are operational in Almas Tower: Cafe Nero, Emirates NBD, Flower Boutique, Parmar Tailors, Propah Tea, Scuzi, Storm Event Management, Subway and Sugar and Mankind. Mermaid Printing and Fidelity Fitness are scheduled to open in Q2 2011.
The Property Services Team helps interested buyers and lessees by introducing them to the retail space available in DMCC owned buildings as well as those owned by third parties in JLT.
Dedicated Sales & Leasing Executives are available for assistance with all sale and lease requirements.
For further information, please contact +971 (0)4 364 4153 or http://property.dmcc.ae/
DMCC offers a range of property types to buy or lease, catering to the diverse needs of companies operating in JLT. These include:
- Workshops
DMCC Jewellery & Gemplex (J&G) provides purpose built, fully equipped light manufacturing workshops which also include support facilities and office space. Workshops are located on floors 2 to 11 of the 12 floors in each of the three J&G buildings.
Please click here to download the plan of a typical workshop floor in J&G - Staff accommodation
J&G also houses staff accommodation units which are located on levels two to eight in the three identical buildings. Level 12 of each J&G building is exclusively assigned to studio units.
Please click here to download the plan of a typical studio unit in J&G - Warehouse and Storage solutions
Different sized storage spaces are available for retailers within JLT. - Land for development
JLT offers land plots of varying sizes ranging from 1,000 square metres to 20,000 square metres for construction of regional headquarters, associated warehousing, manufacturing sites or logistics and distribution centres.
The Property Services Team helps interested buyers and lessees by introducing them to the retail space available in DMCC owned buildings as well as those owned by third parties in JLT.
Dedicated Sales & Leasing Executives are available for assistance with all sale and lease requirements.
For further information, please contact +971 (0)4 364 4153 or http://property.dmcc.ae/
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